๐ฅ $SUI 2H Chart Analysis ๐ฅ
Trend Review
Consolidation โ Decline โ Strong Rally. Currently, price is pulling back around 5.07, with bulls and bears in a tug of war.
Moving Averages Insight
MA(7) shows slight flattening, while MA(25) and MA(99) remain upward, indicating a bullish bias.
Key Levels
Support: Around 5.00, previous top + MA(25) support.
Resistance: Around 5.35, recent swing high.
Volume Dynamics
Strong volume on the rally, lower volume during the pullback โ healthy price action, suggesting potential for another push up.
๐ก Trading Ideas
Bullish: If price holds near 5.00, consider longs targeting 5.35.
Bearish: If price breaks 5.00 with strong volume, expect further downside toward 4.60.
